Public issue of up to 8,700,000 equity shares of face value alue of (Rs)10 each (the "equity shares") of Apex Frozen Foods limited (the "company" or "issuer") for cash at a price of (Rs)175 per equity share (including a share premium of (Rs)165 per equity share) aggregating up to (Rs)152.25 Crores (the "issue") comprising of a fresh issue of 7,250,000 equity shares by the company aggregating to (Rs)126.88 crores (the "fresh issue") and an offer for sale of 725,000 equity shares by karuturi satyanarayana murthy referredto as the promoter selling shareholder") and 725,000 equity shares by karuturi padmavathi (referred to as ("the promoter group selling shareholder") (together referred to as the selling shareholders") aggregating to (Rs)2.54 crores ("offer for sale"). The issue includes a reservation of 400,000 equity shares, aggregating to (Rs)7 crores, for subscriptionby eligible employees (as defined herein) not exceeding 5% of the post-issue paid up equity share capital (the "employee Reservation portion"). The issue less the employee reservation is hereinafter referred to as the "net issue". The issue would constitute 27.84 %, of the post-issue paid-up equity share capital and the net issue to the public would constitute 26.56% of the post-issue paid-up share capital.
The issue price: (Rs)175 per equity share of face value of (Rs)10 each.
The issue price is 17.5 times of the face value.

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

22-Aug-17

24-Aug-17

(Rs)175.00-0.00

(Rs)0.00-0.00

Minimum Application for shares in Nos :80 Further Multiples of :80

(Rs Cr)

Lead Managers to the Issue

Project Cost

0.00

Karvy Investor Services Ltd

Project Financed through Current Offer

152.25

Post Issue Equity Share Capital

31.25

Issue Price

(Rs)175.00

Projects

Setting up a new Shrimp Processing unit with a proposed capacity of 20,000 MTPA